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Teleradiology Market will be able to get the maximum revenue in 2021-2027 | Philips Healthcare,Cerner Corporation, Siemens Healthineers,McKesson Corporation

Teleradiology Market will be able to get the maximum revenue in 2021-2027 | Philips Healthcare,Cerner Corporation, Siemens Healthineers,McKesson Corporation

Teleradiology Market will be able to get the maximum revenue in 2021-2027 | Philips Healthcare,Cerner Corporation, Siemens Healthineers,McKesson Corporation

Teleradiology Market will be able to get the maximum revenue in 2021-2027 | Philips Healthcare,Cerner Corporation, Siemens Healthineers,McKesson Corporation

Teleradiology Market by Products & Services (Services, Hardware, Software (PACS, RIS)), Imaging Technique, End User, COVID-1 Impact – Forecast to 2025 – KSU

” The teleradiology market is expected to reach USD 22.8 billion by 2025 from USD 7.9 billion in 2020, at a CAGR of 23.5% during the forecast period of 2020 to 2025. Due to the outbreak of corona virus globally, there is a sudden rise in the demand for teleradiology services. The growth of this market is mainly attributed to the rising geriatric population and the subsequent increase in the prevalence of associated diseases, the increasing adoption of cloud-based solutions, and the benefits offered by teleradiology and a dearth of skilled radiologists. However, declining reimbursements and increasing regulatory burden in the US and data breaching of imaging report hampered market growth to an extent.